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Gold/Mining/Energy : Brandselite International Corp

BNT 46.68

+0.6%

12:59 PM EST

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To: Dennis Lefebvre who wrote ()	8/4/1998 6:40:00 PM
From: JPayne	of 17

BNT Excellent 2nd quarter earnings - Increased 26% Revenues of $5.9 million with gross profit of $1.9 million,compared with revenues of $4.6 million and gross profit $1.7 million for same period last year. Revenues for first six months of 1998 increased 24% to $11.1 million, compared with $8.9 million for first half of 1997. Increases in revenue reflect increased sales in Company's domestic and duty free operations and the release of "Doulton", its first major proprietary product. Doulton is currently available in 185 retail locations across Canada and the US, including: The Bay, Eaton's, Saks 5th Avenue and Neiman Marcus. Brandselite plans to introduce Doulton through additional major retailers in both Cda (Sears) and the US (Bloomingdales, Nordstrom's, Jacobsons and Halls) bringing the North American locations where the product is available at to 300 by the end of 1998. Brandselite also plans to expand distribution in the UK, Latin America, the Caribbean, Australia, New Zealand and the Middle East by the end of the year.

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